Maintaining a Compensating Balance Will

question 39

Multiple Choice

Maintaining a compensating balance will:

• A)decrease the effective annual rate
• B)increase the effective annual rate
• C)not change the effective annual rate
• D)only change the effective rate if payments occur more frequently than annually

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Definitions:

Indirect Approach

A communication style or strategy that avoids direct confrontation or explicit statements, often employing suggestions or implications.

Unhappy News

Information or announcements that are somber, disappointing, or negative in nature.

Direct Claim

A clear and straightforward statement or demand made by someone usually seeking redress or asserting a right.

We-viewpoint

A communication strategy that emphasizes unity by using inclusive language, often seen in business or team environments to foster collaboration.